High-performance Liquid Chromatography (HPLC) Market Forecast to Reach $7.9 Billion by 2030
The global High-performance Liquid Chromatography (HPLC) Market is projected to grow at a compound annual growth rate (CAGR) of 5.2% from 2023 to 2030, achieving a market size of $7.9 billion by the end of the forecast period, as reported by Meticulous Research®. HPLC is a widely used analytical technique in various industries, known for its ability to separate, identify, and quantify components in complex mixtures with high precision. Its capacity to operate under high pressures makes it a preferred method in both research and industrial applications.
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During the COVID-19 pandemic, the HPLC market gained prominence, particularly in the pharmaceutical sector, where it played a crucial role in vaccine development and virus detection. The technology’s applications also extend to food safety testing and environmental monitoring, showcasing its versatility.
Market Growth Drivers and Opportunities
The growth of the HPLC market is driven by increased research and development activities in pharmaceuticals and biotechnology, continuous technological advancements in chromatography, growing awareness of food safety, and stringent environmental regulations. The rise of bio-clusters in emerging markets is also expected to provide significant growth opportunities for the market.
Major Players in the HPLC Market
- Waters Corporation (U.S.)
Waters Corporation, established in 1958 and headquartered in Massachusetts, is a leading player in the HPLC market. The company offers a diverse range of HPLC systems catering to various industries. - Shimadzu Corporation (Japan)
Shimadzu Corporation, based in Kyoto and founded in 1875, is a key player in the global HPLC market. The company provides an extensive range of liquid chromatography systems. - Thermo Fisher Scientific Inc. (U.S.)
Thermo Fisher Scientific, headquartered in Massachusetts and founded in 2006, is a major contributor to the HPLC market. The company’s Analytical Instruments segment includes a wide range of HPLC systems used across different scientific fields. - Agilent Technologies, Inc. (U.S.)
Agilent Technologies, based in California and established in 1999, is a significant player in the HPLC market. The company’s Life Sciences and Applied Markets segment offers a broad portfolio of HPLC products. - Danaher Corporation (U.S.)
Danaher Corporation, headquartered in Washington, D.C., and founded in 1969, is a major player in the HPLC market. The company’s Biotechnology segment, including offerings from Pall Life Sciences and Cytiva, provides a wide array of HPLC systems.
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- PerkinElmer, Inc. (U.S.)
Founded in 1937 and headquartered in Massachusetts, PerkinElmer is a leader in diagnostics and life sciences. The company’s Discovery Analytical Solutions segment provides a range of HPLC systems for various applications. - Merck KGaA (Germany)
Merck KGaA, established in 1668 and headquartered in Darmstadt, Germany, is a leading player in the HPLC market. The company’s Life Science Business Segment includes a comprehensive range of chromatography products. - Bio-Rad Laboratories, Inc. (U.S.)
Bio-Rad Laboratories, based in California and founded in 1952, offers a variety of HPLC products through its Life Science segment, catering to a wide range of scientific research and clinical diagnostics needs. - Hitachi, Ltd. (Japan)
Hitachi, Ltd., headquartered in Tokyo and established in 1910, provides a wide range of HPLC systems through its Advanced Technology Group, maintaining a strong presence in the global market. - Tosoh Corporation (Japan)
Tosoh Corporation, founded in 1935 and based in Tokyo, offers a broad range of chromatography products through its Specialty segment, contributing significantly to the global HPLC market.
To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/high-performance-liquid-chromatography-market-5395
Key questions answered in the report:
- What are the high-growth market segments in terms of product, end user, and country/region?
- What was the historical market for HPLC across the globe?
- What are the market forecasts and estimates for 2023–2030?
- What are the major drivers, restraints, opportunities, and challenges in the global HPLC market?
- Who are the major players in the global HPLC market?
- How is the competitive landscape, and who are the market leaders in the global HPLC market?
- What are the recent developments in the HPLC market?
- What are the different strategies adopted by the major players in the HPLC market?
- What are the geographic trends and high-growth regions/countries?
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